How much is your uni debt and anyone else above £60,000(with poll)

Poll

How much is your total uni debt?

My uni debt (home student) is:

Tuition Fees: 9,000 * 4 = £36,000
Maintainance Loan: 6,000 * 4= £ 24,000
Total: £60,000

(Free Maintainance Grant 3,000* 4)

(edited 11 years ago)

Reply 1

Monstersandmen

4

Mine works out at around 18 grand. I thought that was bad, but 60...

About £7,000.

tuition fees = £7,800 x 3 = £23,400

maintenance loan = £4,400 x 3 = £13,200

total = £36,600 :eek:

Reply 4

whyumadtho

14

...

You have my sympathy. :s-smilie:

Reply 5

Boo_x

11

About 21k

Those who have like 50k+ debt, realistically most will not end up paying anywhere near that much back though...

Edit: Neg for being honest?

(edited 11 years ago)

Reply 6

Freiheit

OP

17

Original post by FinalMH

About £7,000.

Did you pay the tuition fees up-front and apply for the maintenance loan?

Original post by gapyearstudent

tuition fees = £7,800 x 3 = £23,400

maintenance loan = £4,400 x 3 = £13,200

total = £36,600 :eek:

£36K is a lot. You get 4.4K for maintenance- which area is your uni in?

Reply 7

jhuntley93

12

the wonderful benefits being scottish brings! gonna get negged for this i know! dont get how some uni can get away with charging 9k when aberdeen which is a very well respected uni only charges 2k

Reply 8

sumsum123

2

More than 60,000 *gulp* 6 year course
5 times 9000= 45,000 I think last year is the nhs pays
Add on the maintenance loan, (I am getting max loan though dont know how much that is yet, waiting for student finance :tongue:

) times that by 6
Just realised I am going to be baskly in debt forever n forever :laugh:

Reply 9

AH94

10

Haven't started uni yet but mine should be:

9 000 x 3 = 27 000
4 711 x 1 = 4 711

31 711 so far...

plus whatever else 2 years of rent in a shared house will cost...

Reply 10

Freiheit

OP

17

Original post by whyumadtho

...

You have my sympathy. :s-smilie:

How much was it in your era?

Original post by Boo_x

About 21k

Those who have like 50k+ debt, realistically most will not end up paying anywhere near that much back though...

Definitely, that's the good part. I wonder how much I will end up paying back overall, it's too early to tell though.

Reply 11

River85

17

I'm a graduate and it's about 20 - 25k, I think. None of this is from tuition fees as I began in 2004 when fees were about 1.25k and either my parents paid for them or, once I reached 25 and was an independent student, I received a grant covering all fees.

I did repeat two years and did my final year part time so this is why it's "high" relative to many who started at this time and graduated with 12 - 18k debt.

Reply 12

Boo_x

11

Original post by jhuntley93

the wonderful benefits being scottish brings! gonna get negged for this i know! dont get how some uni can get away with charging 9k when aberdeen which is a very well respected uni only charges 2k

Correct me if i'm wrong but doesn't the scottish goverment heavily subside the fees?

Original post by Freiheit

Definitely, that's the good part. I wonder how much I will end up paying back overall, it's too early to tell though.

Obviously depends on how much you end up earning, but I've read numerous places that it will be around the 20k mark for the average graduate.

Reply 13

whyumadtho

14

Original post by Freiheit

How much was it in your era?

£3,000.

Reply 14

Hustler-1337

15

Started uni in 2010 and just starting my final year this month.

Tuition fees are: £3,290 a year

x 3 years = £9,870

No Maintenance Loans etc. + am entitled to full maintenance grant and bursary from university which results in a net profit of £2,100. Effectively, I am being paid to go to university and have saved the money to pay off my tuition fees immediately after I graduate.

Reply 15

Freiheit

OP

17

Original post by jhuntley93

the wonderful benefits being scottish brings! gonna get negged for this i know! dont get how some uni can get away with charging 9k when aberdeen which is a very well respected uni only charges 2k

It sounds like you're getting a really good deal in Aberdeen. How is the maintenance fee needed to live in Aberdeen?

Original post by sumsum123

More than 60,000 *gulp* 6 year course
5 times 9000= 45,000 I think last year is the nhs pays
Add on the maintenance loan, (I am getting max loan though dont know how much that is yet, waiting for student finance :tongue:

) times that by 6
Just realised I am going to be baskly in debt forever n forever :laugh:

Join the club lol. At least your course has 100% employment all the time :smile:

Reply 16

Aesc

11

(£9000 + £4800) * 4 = >£55000, which is worrying - not to mention any interest accrued.

Reply 17

croag

12

Tuition £9000 x 4 = £36000
Loans £3575 x 4 = £14300
Accomodation £4100 x 4 = £16400

= £66700

UGH

Reply 18

fabregassed

10

Original post by sumsum123

More than 60,000 *gulp* 6 year course
5 times 9000= 45,000 I think last year is the nhs pays
Add on the maintenance loan, (I am getting max loan though dont know how much that is yet, waiting for student finance :tongue: